Wednesday, 23 July 2025
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Silver finds support at $30.30 to trim some losses
Monday, 16 December 2024 20:37 WIB | SILVER |SILVER

Silver Prices (XAG/USD) are trading in a mild positive bias on Monday, trimming some losses after the rejection from levels above $32.00 last week. A mild retreat in US Treasury yields is supporting precious metals on Monday but the overall picture shows the pair vulnerable.

The daily chart reveals a sharp reversal pattern last week, which triggered a more than 4% sell-off in the last half of the week. Upside attempts are looking feeble so far, with previous support at $30.85 likely to challenge bulls.

Source: Fxstreet

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